PowerCorp - The Most Liquid Asset-Backed Token In The Marketplace!

Cryptocurrencies have disrupted traditional finance models. They offer more transparency as well as promise decentralization of long-held monopoly by central authorities like banks, payment gateways as well as the state. However, cryptocurrencies gain value from their limited supply. Mining is complex as well as costly. This can lead to monopolization or dominance of the cryptocurrency market by a select few. PowerCorp bridges this gap and offers liquidity of the highly volatile cryptocurrency market.

P_Coin boasts of asset-backed liquidity. In fact, liquidity remains the most sought-after characteristics for most cryptocurrencies. Liquidity will make P_Coin one of the most sought-after cryptocurrency in the days to come. In this blog, we share some key parameters which make the PowerCorp model the next big thing in the cryptocurrency market.

PowerCorp P_Coin Features

Decentralized

PowerCorps’ P_Coin is based on the ERC20 standard from the Ethereum Blockchain. It is free of any third party control or intermediaries. Transaction cost is against ether (Ξ). In layman's terms, Ether or Ξ is the fuel that drives the Ethereum BLockchain Network. Transactional Charges and Computational Services on the Ethereum network are paid using ether.

Credibility

Credibility is synonymous to trust. While Blockchain transactions have always been secure and free of any security breach. It is the particular crypto token that has been always met with scrutiny and refrain. Most ICO value their crypto coins against some hypothesis that predicts a YOY growth for the coin or token.

PowerCorp feels that this is not the way ahead for new cryptocurrencies. Hence P_Coins are valued against real physical and financial assets stored in secure power vaults. These assets impart two very important characteristics to the P_Coins:

Stability
Liquidity

To summarize PowerCorp CryptoCurrency model is a perfect marriage between the best of the old financial norms and the future ones.

Flexibility

PowerCorp promises a transactional ecosystem comprising of Dex Asset Exchange, PowerCoin and Waves Platform. All this coupled together to deliver a robust and hassle-free network for crypto-based and Fiat-based transactions alike. Crypto token buyers can exchange PowerCoins for their other cryptocurrencies. At the moment we accept only ETH and Bitcoin. In near future, the service would be made compatible with other popular crypto coins/tokens and currencies too.

High Security

Ledgers containing records of P_Coin transactions are immutable. Access to ledgers is possible only using unique decryption keys. Hence any alteration or change is not possible. All transaction added as blocks to the Ethereum blockchain contains details like transaction number, amount, sender-receiver details, etc.

Speed

PowerCorp is underpinned by the Waves Platform. This gives it utmost transactional capability. The wave platform can handle hundreds of transactions per second.

Minimal Transaction Fees

As mentioned earlier transactions in Ethereum environment charge in the ether. We charge as much as nil transactional charge on our behalf. PowerCorp promises to deliver a cost-effective and fast transactional echo system.

The Other Side of the P_Coin: Miners

It is not only just acquired/invested assets that contribute to the value of P_Coin. P_Coins can be a source of compounded revenue growth for its owners.

These Data Farms are apt for solving complex computational problems - a prerequisite for any miner. P_Coin miners can lease them for a fixed period. The lease period depends on the package purchased by the P_Coin owners. Data farms can mine popular cryptocurrencies.

The Facilities

Power Corp will have data farms in five prime facilities spread across the globe. These data farm facilities are in

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